Alternative loan options for borrowers with complex financial profiles or unique income scenarios that don't fit traditional underwriting.
What it is
Non-QM (Non-Qualified Mortgage) loans are designed for borrowers who don't fit the standard agency boxes — foreign nationals, recent self-employed, asset-rich/income-light borrowers, recent bankruptcies, ITIN borrowers, and more. They're underwritten with common-sense flexibility instead of rigid Fannie/Freddie rules.
Andrew Kashella works with a broad set of Non-QM lenders so we can match your unique scenario to the right program. Common Non-QM products include bank-statement loans, DSCR loans, asset-depletion loans, foreign-national loans, ITIN loans, and recent-credit-event loans.
Who it's for
A few signs this program might be a strong fit. Even if you don't see yourself in this list, reach out — Andrew works with over 100 lenders and there's likely an option that fits.
Key Features
Common-sense underwriting for borrowers who don't fit Fannie/Freddie rules.
Bank statements, P&L, asset depletion, DSCR, foreign-national, ITIN.
Bankruptcy, foreclosure, short sale — many programs accept after 12 months.
Programs that don't require a U.S. credit history or SSN.
Use retirement and investment assets to qualify even with limited income.
Real underwriters look at your story — not just a checklist.
Frequently Asked
Generally yes — expect 0.75%–2% higher than conventional. The premium pays for flexibility you wouldn't get otherwise. As your situation stabilizes, refinancing to a conventional loan is often possible.
Some programs allow lending as soon as 1 day after discharge. Most prefer 12–24 months for best pricing.
Yes — specialty Non-QM programs lend to foreign nationals without a U.S. credit history. Down payments are typically 25–30%.
Lenders convert your liquid assets (retirement, investment accounts) into a calculated monthly income for qualification. Common for retirees with significant savings but limited current income.
Andrew Kashella is here to help you compare options, understand the numbers, and figure out if this program is the right fit for your situation.
Andrew Kashella — NMLS #139171 | Innovative Mortgage Services, Inc. — NMLS #250769
Loan programs are subject to borrower qualification, credit approval, and property eligibility. Not all applicants will qualify. Additional terms and conditions may apply. Interest rates and loan programs are subject to change without notice. This is not a commitment to lend or extend credit.